Aon plc (NYSE:AON) Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its holdings in Aon plc (NYSE:AON) by 57.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 151,415 shares of the financial services provider’s stock after buying an additional 55,094 shares during the period. Vontobel Holding Ltd. owned approximately 0.07% of AON worth $54,382,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Endeavor Private Wealth Inc. acquired a new position in shares of AON in the fourth quarter worth about $29,000. Richardson Financial Services Inc. lifted its holdings in AON by 2,025.0% in the fourth quarter. Richardson Financial Services Inc. now owns 85 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 81 shares during the last quarter. Anchor Investment Management LLC grew its stake in AON by 1,162.5% during the 3rd quarter. Anchor Investment Management LLC now owns 101 shares of the financial services provider’s stock worth $35,000 after buying an additional 93 shares during the last quarter. First Personal Financial Services bought a new position in shares of AON during the third quarter worth about $37,000. Finally, RPg Family Wealth Advisory LLC bought a new position in AON in the 3rd quarter worth about $42,000. Institutional investors and hedge funds own 86.14% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Piper Sandler increased their target price on shares of AON from $372.00 to $384.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd. JPMorgan Chase & Co. boosted their target price on AON from $379.00 to $394.00 and gave the stock an “overweight” rating in a research report on Friday, January 3rd. Keefe, Bruyette & Woods upped their price target on shares of AON from $411.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. BMO Capital Markets increased their price objective on AON from $325.00 to $380.00 and gave the stock a “market perform” rating in a research note on Monday, November 4th. Finally, TD Cowen lifted their target price on shares of AON from $413.00 to $432.00 in a research note on Thursday, October 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $386.21.

AON Price Performance

Shares of NYSE AON opened at $390.47 on Friday. The stock has a market capitalization of $84.45 billion, a price-to-earnings ratio of 30.84, a PEG ratio of 2.09 and a beta of 0.93. Aon plc has a fifty-two week low of $268.06 and a fifty-two week high of $395.33. The business has a 50-day moving average of $365.36 and a 200-day moving average of $358.67. The company has a debt-to-equity ratio of 2.58, a current ratio of 1.40 and a quick ratio of 2.05.

AON (NYSE:AON) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $4.42 earnings per share for the quarter, beating analysts’ consensus estimates of $4.25 by $0.17. AON had a return on equity of 70.84% and a net margin of 16.91%. During the same period in the previous year, the firm posted $3.89 EPS. As a group, sell-side analysts predict that Aon plc will post 17.24 earnings per share for the current fiscal year.

AON Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.675 per share. This represents a $2.70 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Monday, February 3rd. AON’s dividend payout ratio (DPR) is currently 21.33%.

Insider Buying and Selling at AON

In other AON news, COO Mindy F. Simon sold 650 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $394.34, for a total value of $256,321.00. Following the completion of the transaction, the chief operating officer now owns 1,816 shares of the company’s stock, valued at $716,121.44. This represents a 26.36 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Lisa Stevens sold 1,275 shares of the firm’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $387.68, for a total transaction of $494,292.00. Following the transaction, the insider now directly owns 8,077 shares of the company’s stock, valued at $3,131,291.36. The trade was a 13.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

AON Profile

Aon Plc engages in the provision of risk, health, and wealth solutions. It focuses on risk capital including claim management, reinsurance, risk analysis, management, retention, and transfer; and human capital involving analytics, health and benefits, investments, pensions and retirement, talent and rewards, and workplace wellbeing.